Does AX/D365 offer any solution/assistance with INCO terms and revenue recognition?
Does AX/D365 offer any solution/assistance with INCO terms and revenue recognition?
That seems to work exactly how you explain it.
Thanks Ludwig
Hello James,
Did you get the accrual posting work?
Any additional help / support required here?
Best regards,
Ludwig
Hi,
In the item model group enable the parameter 'accrue liability on product receipt'.
Then ensure that you have the respective accrual accounts setup in the inventory posting matrix under inventory-setup-posting-posting.
Post the packing slip and then check the additional revenue accrual posting.
Best regards,
Ludwig
Thanks Ludwig!
Can you confirm how I setup the posting profiles/parameters to recognized revenue at time of Packing Slip?
If you mean that revenue is recognized based on the inco term selected then the answer to your question is No to my knowledge.
What AX/D365FO offers is recognizing revenue at the time the packing slips are posted. Yet, this does not depend on a specific Inco term.
Best regards,
Ludwig
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
André Arnaud de Cal... 291,269 Super User 2024 Season 2
Martin Dráb 230,198 Most Valuable Professional
nmaenpaa 101,156